MACKEN PATRICK W (EVP, CLO & Corp. Sec.) exercised options at RIBBON COMMUNICATIONS INC.
Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.
M · 2 exercises
Filed: 4/22/2025ACC: 0001062993-25-007787
Officer· EVP, CLO & Corp. Sec.
Since Jun 2020
-18.82K
Net shares
Net seller
$66.9K
Total sold
0
Open market trades
0B · 0S
6
Total transactions
42.02K acquired · 60.84K disposed
Non-Derivative Transactions4
Common Stock
Direct
Shares
+20.65K
Price / share
—
Trade value
—
% of position
7.3%
4/17/2025
284.20K→304.86K
Common Stock
Direct
Shares
−9.25K
Price / share
$3.53
Trade value
$32.66K
% of position
3.0%
4/17/2025
304.86K→295.60K
Common Stock
Direct
Shares
+21.37K
Price / share
—
Trade value
—
% of position
7.2%
4/18/2025
295.60K→316.97K
Common Stock
Direct
Shares
−9.57K
Price / share
$3.58
Trade value
$34.27K
% of position
3.0%
4/18/2025
316.97K→307.40K
Total
Net shares
+23.20K
Net value
-$66.93K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Direct | 4/17/2025 | M · Option Exercise | +20.65K | — | — | 7.3% | 284.20K | 304.86K |
| Common Stock Direct | 4/17/2025 | F · Tax Withholding | −9.25K | $3.53 | $32.66K | 3.0% | 304.86K | 295.60K |
| Common Stock Direct | 4/18/2025 | M · Option Exercise | +21.37K | — | — | 7.2% | 295.60K | 316.97K |
| Common Stock Direct | 4/18/2025 | F · Tax Withholding | −9.57K | $3.58 | $34.27K | 3.0% | 316.97K | 307.40K |
| Total | +23.20K | -$66.93K | ||||||
Derivative Transactions2
Restricted Stock Units (RSUs)
Direct
Converts to
Common Stock
20.65K shares
Shares
−20.65K
Strike price
Held after
41.30K
Exercisable
—
4/17/2025
RSUs
Direct
Converts to
Common Stock
21.37K shares
Shares
−21.37K
Strike price
Held after
0.00
Exercisable
—
4/18/2025
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Restricted Stock Units (RSUs) Direct | Common Stock20.65K shares | 4/17/2025 | M · Option Exercise | −20.65K | — | 41.30K | |
| RSUs Direct | Common Stock21.37K shares | 4/18/2025 | M · Option Exercise | −21.37K | — | 0.00 |